DNF ADVIESCO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DNF ADVIESCO
Largest movements
- Tangible fixed assets -€20,245
down €20,245 (-45.4%), from €44,568 to €24,323
- Receivables within one year +€12,676
up €12,676 (+3.3%), from €382,478 to €395,154
of which Trade receivables: +€18,526
- Cash +€6,651
up €6,651 (+4.1%), from €162,246 to €168,897
mainly Trade debts (+€20,790) and Depreciation (+€20,245)
- Trade debts +€20,790
up €20,790 (+6.2%), from €333,116 to €353,906
- Tax, wage and social debts -€19,325
down €19,325 (-29.0%), from €66,536 to €47,211
of which Taxes: -€19,222
- Reserves -€10,000
down €10,000 (-5.9%), from €168,550 to €158,550
of which Distributable reserves: -€10,000
- Profit (loss) carried forward +€7,792
new in 2025: €7,792
- Gross operating margin -€33,020
down €33,020 (-11.4%), from €290,258 to €257,239
- Other operating charges -€11,635
down €11,635 (-63.5%), from €18,328 to €6,694
- Taxes -€9,589
down €9,589 (-73.3%), from €13,089 to €3,499
- Staff costs +€5,780
up €5,780 (+2.5%), from €234,905 to €240,684
- Write-downs +€3,985
up €3,985 (+29.1%), from -€13,690 to -€9,704
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €593,202 | €592,458 | -€744 | -0.1% |
| Fixed assets | 21/28 | €48,478 | €28,407 | -€20,071 | -41.4% |
| Tangible fixed assets | 22/27 | €44,568 | €24,323 | -€20,245 | -45.4% |
| Furniture and vehicles | 24 | €44,568 | €24,323 | -€20,245 | -45.4% |
| Financial fixed assets | 28 | €3,910 | €4,084 | +€174 | +4.4% |
| Current assets | 29/58 | €544,724 | €564,051 | +€19,327 | +3.5% |
| Amounts receivable within one year | 40/41 | €382,478 | €395,154 | +€12,676 | +3.3% |
| Trade receivables | 40 | €364,801 | €383,326 | +€18,526 | +5.1% |
| Other amounts receivable | 41 | €17,677 | €11,828 | -€5,849 | -33.1% |
| Cash at bank and in hand | 54/58 | €162,246 | €168,897 | +€6,651 | +4.1% |
| Total equity and liabilities | 10/49 | €593,202 | €592,458 | -€744 | -0.1% |
| Equity | 10/15 | €193,550 | €191,341 | -€2,208 | -1.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Contributions outside capital | 11 | €25,000 | €25,000 | = | 0.0% |
| Other | 1109/19 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €168,550 | €158,550 | -€10,000 | -5.9% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Legal reserve | 130 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,100 | €15,100 | = | 0.0% |
| Distributable reserves | 133 | €150,950 | €140,950 | -€10,000 | -6.6% |
| Profit (loss) carried forward | 14 | - | €7,792 | +€7,792 | |
| Amounts payable | 17/49 | €399,652 | €401,117 | +€1,464 | +0.4% |
| Amounts payable within one year | 42/48 | €399,652 | €401,117 | +€1,464 | +0.4% |
| Trade debts | 44 | €333,116 | €353,906 | +€20,790 | +6.2% |
| Suppliers | 440/4 | €333,116 | €353,906 | +€20,790 | +6.2% |
| Taxes, remuneration and social security | 45 | €66,536 | €47,211 | -€19,325 | -29.0% |
| Taxes | 450/3 | €40,332 | €21,110 | -€19,222 | -47.7% |
| Remuneration and social security | 454/9 | €26,204 | €26,101 | -€103 | -0.4% |
| Remuneration, social security and pensions | 62 | €234,905 | €240,684 | +€5,780 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,574 | €20,245 | +€3,671 | +22.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,690 | -€9,704 | +€3,985 | +29.1% |
| Other operating charges | 640/8 | €18,328 | €6,694 | -€11,635 | -63.5% |
| Gross operating margin | 9900 | €290,258 | €257,239 | -€33,020 | -11.4% |
| Operating profit (loss) | 9901 | €34,141 | -€679 | -€34,821 | |
| Financial income | 75/76B | €549 | €2,729 | +€2,180 | +397% |
| Recurring financial income | 75 | €549 | €2,729 | +€2,180 | +397% |
| Financial charges | 65/66B | €1,000 | €759 | -€241 | -24.1% |
| Recurring financial charges | 65 | €1,000 | €759 | -€241 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €33,690 | €1,291 | -€32,399 | -96.2% |
| Income taxes | 67/77 | €13,089 | €3,499 | -€9,589 | -73.3% |
| Profit (loss) for the period | 9904 | €20,602 | -€2,208 | -€22,810 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,602 | -€2,208 | -€22,810 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.